Once complete, this project is assumed to generate multiple benefits for the local area, including:
- Restoration of Ladywell Playtower and improvement to the local aesthetic of the area.
- Re-introducing public access onto the site.
- A new four-screen cinema.
- Affordable workspace for local residnets.
- New homes for the borough, the additional residents in the area will help to support local shops and services.
- New permanent jobs (with guaranteed London Living Wage). Further employment to be provided during construction.